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Turnkey 3 Bed STR Pool Home on an Oversize Lot

1268 Hilltop Dr, San Marcos

ROI

26.23% IRR

Strategy

Short Term Rental

Turnkey 3 bed STR pool home on an oversize lot. Located at the end of a cul-de-sac with open land behind it and no HOA. $5-6k/mo in gross income as a short-term rental. 1,722 sq ft 3 bed, 2.5 bath two story pool home on .28 acre lot. Built in 1987 with neutral finishes, some outdated but in turnkey condition. Stainless appliances, high ceilings with a brick fireplace.

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Turnkey 3 Bed STR Pool Home on an Oversize Lot

Listed 11/06/2023

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1268 Hilltop Dr, San Marcos

Purchase Price:$365,000

Cash Outlay:$108,550

Cashflow:$1,448/mo

Cap Rate:10.85%

IRR:26.23%

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